National Health Investors, Inc. (NYSE:NHI) Shares Purchased by Handelsbanken Fonder AB

Posted by Defense World Staff on Jul 23rd, 2023

Handelsbanken Fonder AB increased its holdings in shares of National Health Investors, Inc. (NYSE:NHI – Free Report) by 99.2% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,851 shares of the real estate investment trust’s stock after purchasing an additional 6,400 shares during the quarter. Handelsbanken Fonder AB’s holdings in National Health Investors were worth $663,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. New York State Teachers Retirement System acquired a new stake in National Health Investors during the 1st quarter worth approximately $50,000. State of Wyoming increased its position in National Health Investors by 199.3% during the 4th quarter. State of Wyoming now owns 1,242 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 827 shares in the last quarter. Captrust Financial Advisors acquired a new stake in National Health Investors during the 2nd quarter worth approximately $116,000. EMC Capital Management increased its position in National Health Investors by 13.2% during the 4th quarter. EMC Capital Management now owns 3,357 shares of the real estate investment trust’s stock worth $175,000 after purchasing an additional 391 shares in the last quarter. Finally, First Republic Investment Management Inc. acquired a new stake in National Health Investors during the 1st quarter worth approximately $204,000. Institutional investors and hedge funds own 62.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NHI. Truist Financial upped their price target on National Health Investors from $56.00 to $57.00 in a report on Thursday, June 22nd. Wells Fargo & Company began coverage on National Health Investors in a report on Wednesday, April 19th. They issued an “equal weight” rating and a $52.00 price target for the company. Credit Suisse Group decreased their price target on National Health Investors from $55.00 to $50.00 and set a “neutral” rating for the company in a report on Wednesday, March 29th. Finally, StockNews.com began coverage on National Health Investors in a report on Thursday, May 18th. They issued a “hold” rating for the company.

National Health Investors Stock Performance

National Health Investors stock opened at $55.89 on Friday. The stock has a market cap of $2.43 billion, a P/E ratio of 26.87 and a beta of 0.89. The company has a current ratio of 12.71, a quick ratio of 12.71 and a debt-to-equity ratio of 0.92. The stock has a 50 day moving average of $53.01 and a 200-day moving average of $53.13. National Health Investors, Inc. has a 52 week low of $47.54 and a 52 week high of $67.16.

National Health Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 4th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 6.44%. The ex-dividend date of this dividend is Thursday, June 29th. National Health Investors’s dividend payout ratio (DPR) is currently 173.08%.

About National Health Investors

(Free Report)

Incorporated in 1991, National Health Investors, Inc (NYSE:NHI) is a real estate investment trust specializing in sale, leasebacks, joint-ventures, senior housing operating partnerships, and mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent living, assisted living and memory care communities, entrance-fee retirement communities, skilled nursing facilities, and specialty hospitals.